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XRP
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Ripple above major support, prepare for a potential bounce!

Oleh Tickmill
Broker

Ripple remains above major support at 1.2007 (Fibonacci retracement, horizontal overlap support) and a potential bounce could occur at this level to push price all the way up to 1.7564 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (55,5,3) is seeing major support above 39% where a bounce could occur in the intermediate future. It also has good upside potential.

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Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternscrytocurrencyHarmonic PatternsrippleripplebreakoutrippleidearipplelongripplesshortTrend Analysisxrpusdxrpusdlongxrpusdshort
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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